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FPCCI demands long-term economic strategy
FPCCI chief calls for growth-friendly policies to achieve SDGs
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Cement sales jump to all-time high
Dispatches jump 18% to stand at 5.21m tons in September
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Auto sector projected to grow in 2021, 2022
Report sees 17% rise in demand for cars next year
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Petroleum sales fall 2% in September
Decline comes on back of subdued agricultural activity in Pakistan
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‘Carpet, leather sectors can become major exporters’
LCCI president urges govt to provide environment conducive to export-oriented industries
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Punjab govt risks WB loan for regulating milk, meat prices
Under a WB condition, govt should let the market forces decide instead of fixing prices itself
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Bears toss index below 41,000-mark
Benchmark KSE-100 plunges 1,630 points amid political uncertainty
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Crude prices: Oil down 3% after economies wobble
Oil prices fell 3% on Friday after US President Donald Trump tested positive for Covid-19
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Boosting exports: Industry stresses business automation
Boosting exports Industry stresses business automation
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Pending upgrades: Railways to modernise coaches
Rolling stock of railways need to be upgraded in line with modern specification of robust design and enhanced speed
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Assessment meeting: Minister discusses cotton crop issues
Punjab division assessed production target between 5.30 million bales
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Week-on-week: SPI increases by 0.71%
Going up from 145.26 points during the week ended September 24, 2020 to 146.49 points in the week under review
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Rupee hits over three-month high
Stands at Rs164.50 to dollar in inter-bank market
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PSQCA asked to formulate auto standards as per rules
Ministry wants concerns of auto body considered before finalisation of standards
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SBP issues guidelines for DFIs
Aims to facilitate new entrants in field of Islamic banking
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Inflation jumps to 9.04% in September
Food prices surge as govt struggles to ensure smooth supplies
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ECC allows wheat import from Russia
Decision comes amid reservations about high price, using Russian ships for shipment
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Businessmen for restoration of full gas pressure
Lament it is acting as obstacle to production of export orders
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Safety of mine workers: Senate panel for following SOPs
Chairman insists insurance firms should be taken on board to facilitate mine workers
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China-Pakistan textile ties: competing or complementary?
Industry officials highlight different material and business dealings
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Market watch: Stocks rattled after Trump tested Covid positive
Benchmark KSE-100 index falls 606.09 points to settle at 40,070.83
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Oil drops 4% after Trump’s positive Covid test
Rising global oil output threatens to overwhelm weak price recovery
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Harassment: Traders call for end to FBR notices
Harassment Traders call for end to FBR notices
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Foreign exchange: SBP reserves fall $342m to $12.36b
Foreign exchange SBP reserves fall $342m to $12.36b
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Inter-bank market: Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs165 in the inter-bank market
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Basmati trademark registered in one person’s name
SMEDA asked to resolve matter pending for past many years
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ECNEC approves schemes worth Rs196b
Clears new mechanism for improving project management to cut planning, execution period
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Thar coal-based project achieves financial close
Project is being completed under CPEC at cost of $497 million
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Layoffs loom for US airline industry
Period when US carriers promised to refrain from layoffs comes to end
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Pakistan’s orders rebound for China raw material
China’s export of yarn, fabrics, manufactured goods shows 51.3% growth
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Exposure to external debt mounts
Share of foreign currency debt increases to 36% of Pakistan’s total debt
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CNG stations to switch over to RLNG by 15th
SSGC says supplies from gas fields hit a historic low
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SBP tightens rules for financial dealings
Move aimed at implementing laws related to AML, CFT and CPF
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Market watch: Cherry-picking helps KSE-100 recover
Benchmark index rises 105.44 points to settle at 40,676.92
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Oil slips on weak demand outlook, higher OPEC supplies
Prices receive support from progress in US talks on stimulus package
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Foreign exchange: SBP reserves fall $342m to $12.36b
Decrease comes due to govt’s external debt repayments, other official payments
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ECC approves double-digit increase in power, gas tariff
Electricity rates up by up to 17%; gas by nearly 15%
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Inter-bank market: Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs165.7
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Italy, Pakistan work to boost footwear industry
Technological centre will enable producers to enhance skills, productivity
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Businessmen call for GSP Plus extension
Insist it enhances job opportunities, boosts foreign exchange reserves
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Government keeps petrol price unchanged
Slashes high-speed diesel rate by Rs2.40 per litre for next 15 days
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Govt keen to develop mortgage finance market
May eliminate or cut tax on bank income generated via low-cost housing finance
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FBR achieves first quarter tax target
Monthly collection and filing of tax returns remain low
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APTMA stresses implementing policy
Says textile policy will help boost exports in addition to bringing investment
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PM blames past deals for expensive power
Says country’s energy sector is facing severe crisis
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Government identifies certified wheat seeds
The committee decided that all provinces would send proposals for the support price of wheat as soon as possible
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Punjab economic zones to create 2m jobs
PIEDMC chairman expects local, foreign investment in the zones
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Despite water scarcity: Pakistan helps farmers grow more
Govt supports farmers get higher yields through drip irrigation system
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Market watch: KSE-100 falls as lockdown fear spreads
Benchmark index dives 632.88 points to settle at 40,571.48
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Petrol prices to remain unchanged, PM rejects hike
Rs2.40 decrease on HSD for the next 15 days